10 year change in media lot price and sizes for #AUStriches.
Sydney real estate is up 138% in price whilst lot sizes have decreased 26.5%
Melbourne has gone up 95% in price whilst decreasing 10.5% in size 
Discussion
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I wonder how Adelaide escaped such trend 🙃
Lot sizes are trending toward tiny homes. Great example of shrinkflation
It's more to do with the Unit of Account you're measuring property value by.
Land everywhere is plummeting in value.
Nice table 🤙
Lot sizes are going down as well as prices up; there’s definitely a problem with the unit of account but that’s not a complete explanation because as usual fiat has negative externalities everywhere impacting this